Animal Genetics Market : By Product  ,Genetic Material, Genetic Testing )  and Geography  

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Animal Genetics Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product  (Live Animals (Bovine, Porcine, Poultry, Canine, and Others) ,Genetic Material (Semen and Embryo (Porcine, Bovine, Equine), Genetic Testing (DNA Testing, DNA Typing, Genetic Disease Testing))  and Region  

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Animal Genetics Market size is valued at US$ 7,531.8 million in 2022 and is poised to grow at a significant CAGR of 5.1% during the forecast period 2023-2029. The global market provides a detailed overview of the animal genetics market and that can be segmented by live animal, material and service. By live animal, the animal genetics market has been segmented into porcine, bovine, poultry, canine, and others. The porcine segment is likely to be the largest and fastest-growing segment in terms of live animals. Based on material, the animal genetics market is segmented into embryos and semen. Among these, the embryo segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of service, the market is segregated into genetic trait tests, genetic diseases tests and DNA typing. The genetic trait test segment held a considerable market share during the forecast period.

The Animal Genetics Market Key Developments:
  • In Jan 2021, The Bair Ranch and Genus ABS worked together to employ sex-skewed semen and terminal genetics to show the effects of a cow-calf management method.

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Animal Genetics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.1%

Largest Market

North American

Fastest Growing Market

Asia-Pacific

Animal Genetics Market Dynamics

Few key factors fueling the market growth include rising approval of progressive genetic practices, growing preference for animal protein and adoption of various genetic services, acceptance of advanced genetic technologies, and rising consumption of dairy products and animal-derived protein. Also, the growing need for specialized breeding programs for breeds with poor economic performance is another factor responsible for market growth.

Animal Genetics Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 7,531.8 million

Market CAGR

5.1%

By Product

  • Genetic Material
  • Genetic Testing

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The animal genetics market is projected to expand at a CAGR of 5.1% during the forecast period

Biopolymer GmbH & Co KG (Germany), Merz GmbH & Co. KGaA (Germany), Lumenis (U.S.), Revance Therapeutics, Inc. (U.S), Speciality European Pharma (U.K.), Mentor Worldwide LLC (U.K.), Anika Therapeutics, Inc., Contura International A/S (Denmark), Cynosure, Inc. (U.S.), Fibrocell Science Inc. (U.S), Galderma S/A (Switzerland).

Asia Pacific is the fastest-growing region for animal genetics market

Animal Genetics Market size is valued at US$ 7,531.8 million in 2022

One key opportunity for the animal genetics market is the increasing demand for improved livestock production efficiency and disease resistance to meet the growing global demand for animal-derived products.

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Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1.Executive Summary
2.Global Animal Genetics Market Introduction 
2.1.Global Animal Genetics Market  - Taxonomy
2.2.Global Animal Genetics Market  - Definitions
2.2.1.Product
2.2.2.Region
3.Global Animal Genetics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Animal Genetics Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Animal Genetics Market  By Product, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Genetic Material
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Genetic Testing
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Reagents and Kits
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Animal Genetics Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. North America
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Europe
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Asia Pacific (APAC)
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Middle East and Africa (MEA)
6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Latin America
6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.North America Animal Genetics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Product Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
7.1.1.Genetic Material
7.1.2.Genetic Testing
7.1.3.Reagents and Kits
7.2.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
7.2.1.United States of America (USA)
7.2.2.Canada
8.Europe Animal Genetics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Genetic Material
8.1.2.Genetic Testing
8.1.3.Reagents and Kits
8.2.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Germany
8.2.2.France
8.2.3.Italy
8.2.4.United Kingdom (UK)
8.2.5.Spain
8.2.6.Rest of EU
9.Asia Pacific (APAC) Animal Genetics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Genetic Material
9.1.2.Genetic Testing
9.1.3.Reagents and Kits
9.2.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.China
9.2.2.India
9.2.3.Australia and New Zealand (ANZ)
9.2.4.Japan
9.2.5.Rest of APAC
10.Middle East and Africa (MEA) Animal Genetics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Genetic Material
10.1.2.Genetic Testing
10.1.3.Reagents and Kits
10.2.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.GCC Countries
10.2.2.South Africa
10.2.3.Rest of MEA
11.Latin America Animal Genetics Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Genetic Material
11.1.2.Genetic Testing
11.1.3.Reagents and Kits
11.2.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Brazil
11.2.2.Mexico
11.2.3.Rest of LA
12. Competition Landscape
12.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
12.2.1.Biopolymer GmbH & Co KG (Germany)
12.2.2.Merz GmbH & Co. KGaA (Germany)
12.2.3.Lumenis (U.S.)
12.2.4.Revance Therapeutics, Inc. (U.S)
12.2.5.Speciality European Pharma (U.K.)
12.2.6.Mentor Worldwide LLC (U.K.)
12.2.8.Contura International A/S (Denmark)
12.2.9.Cynosure, Inc. (U.S.)
12.2.10.Fibrocell Science Inc. (U.S)
12.2.11.Galderma S/A (Switzerland).
13. Research Methodology 
14. Appendix and Abbreviations 

Key Market Players

  • Biopolymer GmbH & Co KG (Germany)
  • Merz GmbH & Co. KGaA (Germany)
  • Lumenis (U.S.)
  • Revance Therapeutics, Inc. (U.S)
  • Speciality European Pharma (U.K.)
  • Mentor Worldwide LLC (U.K.)
  • Anika Therapeutics, Inc.
  • Contura International A/S (Denmark)
  • Cynosure, Inc. (U.S.)
  • Fibrocell Science Inc. (U.S)
  • Galderma S/A (Switzerland).

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